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Descartes Systems

154 hedge funds and large institutions have $2.74B invested in Descartes Systems in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

5% more capital invested

Capital invested by funds: $2.61B → $2.74B (+$135M)

3% more funds holding

Funds holding: 150154 (+4)

8% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 59

2.91% less ownership

Funds ownership: 83.87%80.96% (-2.9%)

Holders
154
Holders Change
+4
Holders Change %
+2.67%
% of All Funds
3.38%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
19
Increased
54
Reduced
59
Closed
15
Calls
$40K
Puts
Net Calls
+$40K
Net Calls Change
+$25K
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
76
Two Sigma Advisers
New York
$2.45M +$1.2M +32,400 +115%
HIM
77
Hillsdale Investment Management
Ontario, Canada
$2.36M -$425K -11,500 -16%
ACM
78
AKRE Capital Management
Virginia
$2.02M +$1.85M +50,000 New
PNC Financial Services Group
79
PNC Financial Services Group
Pennsylvania
$1.98M +$1.44M +38,912 +387%
Toronto Dominion Bank
80
Toronto Dominion Bank
Ontario, Canada
$1.88M -$2.26M -61,147 -57%
Canada Pension Plan Investment Board
81
Canada Pension Plan Investment Board
Ontario, Canada
$1.87M -$8.99M -243,103 -84%
CS
82
Credit Suisse
Switzerland
$1.8M +$66.2K +1,790 +4%
QC
83
Quadrature Capital
United Kingdom
$1.77M +$1.62M +43,800 New
Arrowstreet Capital
84
Arrowstreet Capital
Massachusetts
$1.76M -$44.3M -1,197,473 -96%
NIPH
85
NN Investment Partners Holdings
Netherlands
$1.57M +$1.44M +39,000 New
HAM
86
Highstreet Asset Management
Ontario, Canada
$1.46M +$753K +20,354 +128%
Envestnet Asset Management
87
Envestnet Asset Management
Illinois
$1.43M +$99.3K +2,683 +8%
GCC
88
Guardian Capital (Canada)
Ontario, Canada
$1.4M
D.E. Shaw & Co
89
D.E. Shaw & Co
New York
$1.36M +$1.24M +33,600 New
Citadel Advisors
90
Citadel Advisors
Florida
$1.28M +$28.2K +761 +2%
New York State Common Retirement Fund
91
New York State Common Retirement Fund
New York
$1.25M
SC
92
Scotia Capital
Ontario, Canada
$1.21M -$10.7K -290 -1%
Legal & General Group
93
Legal & General Group
United Kingdom
$1.16M +$116K +3,123 +12%
PPA
94
Parametric Portfolio Associates
Washington
$1.07M +$33.9K +917 +4%
WMSA
95
Weiss Multi-Strategy Advisers
New York
$1.05M +$962K +26,003 New
Stifel Financial
96
Stifel Financial
Missouri
$857K +$7.7K +208 +1%
Marshall Wace
97
Marshall Wace
United Kingdom
$760K +$696K +18,813 New
CIBC Private Wealth Group
98
CIBC Private Wealth Group
Georgia
$757K +$86.2K +2,330 +14%
CIBC World Market
99
CIBC World Market
Ontario, Canada
$733K -$3.68M -99,429 -85%
US Bancorp
100
US Bancorp
Minnesota
$700K +$68.3K +1,847 +12%

DSGX Hedge Fund Activity: Q3 2019 in Review

154 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2019, worth a combined $2.74B — up 5.2% from $2.61B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new DSGX positions and 15 closed out — a net gain of 4 holders — while 54 added to existing stakes and 59 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $65.3M. The largest seller was Mawer Investment Management, exiting entirely with an estimated $128M sold.

  • 154 institutional investors held Descartes Systems (DSGX) as of Q3 2019, up from 150 in Q2 2019.
  • Funds reported $2.74B of Descartes Systems stock for Q3 2019, up 5.2% quarter-over-quarter.
  • 19 funds opened new Descartes Systems positions in Q3 2019 and 15 closed out, a net change of +4 holders.
  • The largest Descartes Systems buyer in Q3 2019 was Bank of Montreal, an estimated $65.3M added.
  • The largest Descartes Systems seller in Q3 2019 was Mawer Investment Management, an estimated $128M sold.

Based on aggregated 13F filings for Q3 2019.